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India needs investment': IMF's Gita Gopinath on snub to Jeff Bezos

Shortpedia

Content Team
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India needs a lot of investment and it is important to encourage it, Gita Gopinath, Chief Economist of the IMF told media on Monday, in reference to the government's cold-shoulder to Amazon CEO Jeff Bezos during his visit last week. Gopinath said: ''India needs a lot of investment. It's important to encourage investment. We need to revive domestic investment in India, consumption spending is weak.